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kind of like ours is a little different in the sense that the economy hardly grew at all whereas ours was more redistribution thing but so they had twenty years of the worst economic failure in over a century then they started to elect these left governments and then once they got them and they saw the difference it was very hard to get rid of them could it be that the reason that the united states in the in the western world in the more developed northern hemisphere countries that the united states is at the least growing. g.d.p. and has been for three years two and a half years and change and the european countries that are embracing austerity are collapsing could it be that those european countries are doing what they were doing in south america twenty years ago and we're doing a really tiny version of what chavez is doing in venezuela well it is. what you see in europe is very similar to what it was in south america for those twenty years of failure you had a lot of. instances where governments cut spending in a time of recession or tight monetary policy in time of recession and s
kind of like ours is a little different in the sense that the economy hardly grew at all whereas ours was more redistribution thing but so they had twenty years of the worst economic failure in over a century then they started to elect these left governments and then once they got them and they saw the difference it was very hard to get rid of them could it be that the reason that the united states in the in the western world in the more developed northern hemisphere countries that the united...
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Oct 8, 2012
10/12
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so i want to know what the global economy is doing. i want to know what the u.s. economy is doing. in my mind, we're going to be in this modest growth, modest inflation environment for a while. i mean at least through 2013. but i think it is going to be positive. i think the types of sectors that we're looking at are the ones that are really going it to be sensitive to a continuation of that. so we like materials. even though materials haven't done very well i think looking ahead they will. technology, consumer discretionary sector looks good. so we think that the sect leg in the cyclical bull market started with those october 2011 lows. i've been telling our clients, hey, any opportunity you have whether it's a pullback, valuations are not expensive, you want to make sure that you are invested here because the economy is going to cope growing at least through 2014, i think. i think the market has got some upside here. >> we're going to have to leave there. a lot of good information. thanks so much, scott, scott wren, senior equity strategist at wells fargo advisors. and as we ment
so i want to know what the global economy is doing. i want to know what the u.s. economy is doing. in my mind, we're going to be in this modest growth, modest inflation environment for a while. i mean at least through 2013. but i think it is going to be positive. i think the types of sectors that we're looking at are the ones that are really going it to be sensitive to a continuation of that. so we like materials. even though materials haven't done very well i think looking ahead they will....
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Oct 8, 2012
10/12
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economy. so, i do feel a little more positive about the u.s. economy. i agree, you know, in general with this panel. we're pretty much in agreement that the u.s. should do a little better here. as an investor, you know, put money to work in u.s. centric stocks. i think that can really help. >> lady and gentlemen, thank you so much. >> thanks. >> pleasure. >> 50 minutes or so to go before we close it up on this monday on wall street. dow jones industrial average down 20 points. nasdaq off 21. >> we've we know what you're asking, where's maria at the columbus day parade. doing her yearly hosting duties. she will not miss this show and she has none other than famed investor mario gabelli at the parade. >> that and a whole lot more ahead on this busy monday edition of "the bell." >> announcer: coming up, core problems? apple shares falling below a key technical level. is the world's most valuable company suddenly having an image problem because of the new iphone 5? we'll explain why straight ahead. >>> plus, employment status. there's a good reason you may
economy. so, i do feel a little more positive about the u.s. economy. i agree, you know, in general with this panel. we're pretty much in agreement that the u.s. should do a little better here. as an investor, you know, put money to work in u.s. centric stocks. i think that can really help. >> lady and gentlemen, thank you so much. >> thanks. >> pleasure. >> 50 minutes or so to go before we close it up on this monday on wall street. dow jones industrial average down 20...
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a big psychological boost for the economy the unemployment dropped below 8% for the first time in three years but conspiracy theorists are claiming that the books were cooked but experts are saying that that is crazy. tom skilling has details of a chilly weekend. hi, i'm amy for downy unstopables in-wash scent boosters here with my favorite new intern, jimmy. mmm! fresh! and it's been in the closet for 12 weeks! unbelievable! unstopables! follow jimmy on downy.com for free samples era laundry detergent is a black belt stain fighter. it once stomped a stain with such force, the results could be felt around the world. [ explosion ] [ alarm buzzing ] [ rumbling ] [ people screaming ] it was such epic stain fighting even chuck norris could respect it. twice the stain fighting power as the next leading liquid value brand. era, the only detergent that's chuck norris approved. >> the national unemployment rate is down but that doesn't mean the economy is coming along the rate unexpectedly dropped to 8.7 percent last month which is phil lowest in three years. but economists say that it's not cl
a big psychological boost for the economy the unemployment dropped below 8% for the first time in three years but conspiracy theorists are claiming that the books were cooked but experts are saying that that is crazy. tom skilling has details of a chilly weekend. hi, i'm amy for downy unstopables in-wash scent boosters here with my favorite new intern, jimmy. mmm! fresh! and it's been in the closet for 12 weeks! unbelievable! unstopables! follow jimmy on downy.com for free samples era laundry...
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Oct 10, 2012
10/12
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a strong economy does not trickled down from the top. it grows from a thriving middle- class and folks working hard to get into the middle class. i believe it's time for our tax stops rewarding companies for shipping jobs overseas. let's reward companies in ohio that are keeping jobs in american. i believe we can create more jobs by controlling more our own energy. after 30 years of inaction, we raised fuel standards so by the middle of the next decade your cars and trucks will go twice as far on a gallon of gas. today the u.s. is less dependent on foreign oil than at any time in two decade. now it's time to move forward. my plan would cut our oil imports in half and invest in the clean energy that creates thousands of jobs all across ohio and america right now, not just oil and natural gas spot solar, wind, and clean coal technology, and fuel-efficient batteries and fuel efficient cars. i will not let oil companies to continue collect another $4 billion in taxpayer funded corporate welfare every year. i will not lead china win the race
a strong economy does not trickled down from the top. it grows from a thriving middle- class and folks working hard to get into the middle class. i believe it's time for our tax stops rewarding companies for shipping jobs overseas. let's reward companies in ohio that are keeping jobs in american. i believe we can create more jobs by controlling more our own energy. after 30 years of inaction, we raised fuel standards so by the middle of the next decade your cars and trucks will go twice as far...
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Oct 14, 2012
10/12
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it got me thinking about the economy. can we afford all these days off and how does america compare with the rest of the country? they rank countries. the data confirms a number of commonly held stereotypes and there are a few surprises. take a look. top of the list is united kingdom with 28 statutory holidays. nine of the top ten countries are, of course, in europe who live adulce vida. scroll down further and the list continues to be dominated by european countries. 20 days off for the germans, irish and italians, then come a bunch of latin american countries and the asian wings, hong kong, and singapore and where is the u.s.? dead last. zero statutory holidays. that's because federal holiday does not mandate paid time for work. americans are allowed 15 working days off a year. pretty close to the bottom of the list. what's more, only about half of the americans take their full vacation off. europeans once again have no such qualms, but let's go back to columbus day. these are days when government offices and banks are
it got me thinking about the economy. can we afford all these days off and how does america compare with the rest of the country? they rank countries. the data confirms a number of commonly held stereotypes and there are a few surprises. take a look. top of the list is united kingdom with 28 statutory holidays. nine of the top ten countries are, of course, in europe who live adulce vida. scroll down further and the list continues to be dominated by european countries. 20 days off for the...
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yes, the economy didn't do great speaking of the global economy here in the third quarter, but i think it did well enough to kind of beat that low bar. david: well, lance, let me read you the market watch, one of the headlines today. it says "brace for the worst earnings season since the recession rebound." so, again, as mark was talking about expectations, they're pretty damn low right now. >> well, exactly. and, of course, the one thing that i was laughing earlier simply because i'm not really all that bearish, i'm just a little more concerned about some of the global macro issues that are standing out there such as a resurgence of the euro crisis, of course, the fiscal cliff coming right around the corner. and, you know, for our clients and investors watching the show right now, it's not really whether or not the market rallies to 1500 that's the problem. that's a very real possibility. the problem is if something along the way comes, trips this market up, and we lose 10-15% -- david: like what? >> that's what hurts investors. david: give us an example. >> well, exactly, we get into
yes, the economy didn't do great speaking of the global economy here in the third quarter, but i think it did well enough to kind of beat that low bar. david: well, lance, let me read you the market watch, one of the headlines today. it says "brace for the worst earnings season since the recession rebound." so, again, as mark was talking about expectations, they're pretty damn low right now. >> well, exactly. and, of course, the one thing that i was laughing earlier simply...
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Oct 8, 2012
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or...
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Oct 8, 2012
10/12
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WJLA
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both men are expected to be in ohio tomorrow and the focus is expected to shift back to the economy. >> thanks. in the meantime, it is a big week for the candidates for vice president. on wednesday night, joe biden and paul ryan go head-to-head in their one and only debate. both are lowering expectations for themselves and inflating them for their opponent. biden says the ryan has been straight forward during the campaign and ryan is praising biden. analysts will watch this debate closely because of the president's performance, which disappointed some people, last week. and remember you can see the vice-presidential debate on abc7 thursday night beginning at 9:00. >> and we're following developing news tonight where there may be a major break in the case of a missing teenager. this afternoon searchers found a body in a wooded area near where bryan glenn's car was found last week. he went missing after dropping his brother off at school. his car was found next day. >> as a parent, my heart was breaking for his family. so, i said, you know what? nothing is more important today than to
both men are expected to be in ohio tomorrow and the focus is expected to shift back to the economy. >> thanks. in the meantime, it is a big week for the candidates for vice president. on wednesday night, joe biden and paul ryan go head-to-head in their one and only debate. both are lowering expectations for themselves and inflating them for their opponent. biden says the ryan has been straight forward during the campaign and ryan is praising biden. analysts will watch this debate closely...
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Oct 9, 2012
10/12
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the other factor people are completely ignoring is there is the economy. the economy is getting better, pal panelly across all measures. consumer confidence, unemployment. that's affecting the underlying numbers as well. that's going on at the same time. so there are so many things moving around in a close race that for anyone to call the race or to think they know where this race is headed at this point, they are deluding themselves. >> karen, romney, of course, says -- never says how he will make his massive tax cut revenue neutral without hitting the middle class, but the obama campaign is presenting a closer look at what it would mean. take a look at this. >> it's one of the hardest decisions a family can make, realizing a nursing home is the only choice. for many middle class families, medicaid is the only way to afford the care. but as a governor, mitt romney raised nursing home fees eight times and as president his budget cuts medicaid by one-third. we have a president who won't let that happen. >> okay. karen, forget about big bird, do you want to
the other factor people are completely ignoring is there is the economy. the economy is getting better, pal panelly across all measures. consumer confidence, unemployment. that's affecting the underlying numbers as well. that's going on at the same time. so there are so many things moving around in a close race that for anyone to call the race or to think they know where this race is headed at this point, they are deluding themselves. >> karen, romney, of course, says -- never says how he...
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economy. california taking emergency steps to bring down its record gasoline prices. gas costs more there than anywhere nell the country. refineries have the greene light to switch to winter blend. fewer people are sending greeting cars thanks to the internet hallmark closing fact -- closing a fact >>> golden gate bridge looking fine, no worry for sprinkles today. mike has a change in forecast. sue looks at traffic coming up. >>> this morning congressional committee warning u.s. government agencies and private industry to avoid doing business with china's two leading tech firms. report warns that the companies pose major security threat to the united states. year long investigation found the companies are influenced by the chinese government and the telecommunications gear they sell may be compromised. the report to be released this morning vices recollection lay fors to block attempts by the -- two companies to expand in america. >>> cupertino-based apple not responding to conflicting reports about problems at foxconn where iphones and many other gadgets are made. fo
economy. california taking emergency steps to bring down its record gasoline prices. gas costs more there than anywhere nell the country. refineries have the greene light to switch to winter blend. fewer people are sending greeting cars thanks to the internet hallmark closing fact -- closing a fact >>> golden gate bridge looking fine, no worry for sprinkles today. mike has a change in forecast. sue looks at traffic coming up. >>> this morning congressional committee warning...
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Oct 8, 2012
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what it kwdoes is rob governor romney. >> this economy is not doing well. the fact that you have a white house celebrating an unemployment rate of 7.8 percent with 23 million americans you tell out of work or under employed or unemployed tells you a lot about the failure of this administration's policies. >> let's try to put politics aside for just a minute. here's what we want to know. where the j are the jobs number where they should be? are they? >> the government will tell you that. there are two numbers everybody talks about. we pay attention to the household survey number 7.8 percent. that gone by phone calling people. they call 60,000 people and say are you working? if you look at the number a large number of the people who said i am working are working part-time. even the white house would sthais not good. >> do we have any way of knowing whether or not these people are choose to go powork part-time ty want to work part-time? >> there is a line indicating the people do want to work part-time. if you were to factor in the people who want to work part
what it kwdoes is rob governor romney. >> this economy is not doing well. the fact that you have a white house celebrating an unemployment rate of 7.8 percent with 23 million americans you tell out of work or under employed or unemployed tells you a lot about the failure of this administration's policies. >> let's try to put politics aside for just a minute. here's what we want to know. where the j are the jobs number where they should be? are they? >> the government will tell...
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Oct 8, 2012
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. >> it's always about the economy. foreign policy is at best second or third most important. once again this foreign policy forray into mitt romney it may be a couple days lost. he's not talking about the economy on an area where i think it's impossible to catch up to barack obama. >> i do take the point that he needs to give a speech like this. it's necessary if you're running for president. it's not necessarily sufficient to win the presidency, but it's necessary that you do it. >> up next, the house speaker's telling comment about who really runs washington. we'll explore that as we roll on for monday, october 8th, columbus day. ah. fire bad! just have to fire roast these tomatoes. do you churn your own butter too? what? this is going to give you a head start on your dinner. that seems easier sure does who are you? [ female announcer ] new progresso recipe starters. five delicious cooking sauces you combine with fresh ingredients to make amazing home-cooked meals. ♪ ambiance [ female announcer ] new progresso reci
. >> it's always about the economy. foreign policy is at best second or third most important. once again this foreign policy forray into mitt romney it may be a couple days lost. he's not talking about the economy on an area where i think it's impossible to catch up to barack obama. >> i do take the point that he needs to give a speech like this. it's necessary if you're running for president. it's not necessarily sufficient to win the presidency, but it's necessary that you do it....
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Oct 6, 2012
10/12
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CSPAN2
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>> it is safe to say top of line for people in this particular election is the economy and jobs. people react to what is being offered by the campaign and by the candidates so when they are looking at the candidates and evaluating the candidates both presidential candidates -- lee 11 talked-about the fact that barack obama has a more positive favorable rating than mitt romney, both of them are pretty divided when we look at people's impressions of both candidates they are divided about these candidates and part of that is that they don't see, they don't see everything they want to see in any one candidate so it is not surprising that the economy and jobs is at the top but people like thinking about these other values, and other issues as they are making their choice but having to make the choice between what they are being offered. >> there is a similar methodology the campaign pollsters use as the public pollsters' use. the goals are very different. we are trying to identify whether attitudes people might share, campaign polls are about targeting and trying to influence public o
>> it is safe to say top of line for people in this particular election is the economy and jobs. people react to what is being offered by the campaign and by the candidates so when they are looking at the candidates and evaluating the candidates both presidential candidates -- lee 11 talked-about the fact that barack obama has a more positive favorable rating than mitt romney, both of them are pretty divided when we look at people's impressions of both candidates they are divided about...
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what's really happening to the global economy. for our no holds barred global financial headlines kaiser report. more news today. again fled up.
what's really happening to the global economy. for our no holds barred global financial headlines kaiser report. more news today. again fled up.
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. world with. science technology innovation all the developments from around russia we've got the future are covered. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew. welcome to the big picture. me it is easy to. be a little.
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. world with. science technology innovation all the developments from around russia we've got the future are covered. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew. welcome to...
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Oct 8, 2012
10/12
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CNBC
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this is a social issue that's a fundamental importance for our economy. so, in this case, i think that this particular company, the effects are pretty bad in almost every part of the economy. >> neil, i know you're working to fight this, perusing your website, i see your prices a lot less than some competitors but are glasses, overall, more expensive than they need to be? >> we definitely think so. you know, this is technology that's been around about 800 years. >> that's it? >> so, it doesn't make sense that glasses should cost as much as an iphone. so, that's what -- that's where i think you see the impact of a company like luxottica. you know, we were frustrated consumers. that's why we started warby parker. we would walk into an optical shop. we thought we had all this choice but we realized it was coming from one company. the prices were ridiculously expensive. >> and do you agree, neil, at some point you'll be approached by luxottica as ray ban and others have been? >> it wouldn't surprise us. you know, i think that we're in a different position tha
this is a social issue that's a fundamental importance for our economy. so, in this case, i think that this particular company, the effects are pretty bad in almost every part of the economy. >> neil, i know you're working to fight this, perusing your website, i see your prices a lot less than some competitors but are glasses, overall, more expensive than they need to be? >> we definitely think so. you know, this is technology that's been around about 800 years. >> that's it?...
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Oct 8, 2012
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CNBC
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when off weaker dollar and recould have any global economy, i think international economies might be interested in some of the companies here but nothing in the near term. have to see how the elections play out. >> hey, mike, it's tim. i care about supply rationalization by the reducers, i care about the cyclical side, you see coke and coal. anything here, we have got a bit of a bounce in iron ore. >> about 30% is probably under water. you will see that rationalization f that happens the next year, rebound, steel production, economy better globally, you get a lift. probably in the fourth or fifth inning of the recovery. >> michael, thanks for your time. appreciate it. michael is buying across-the-board on the coal sector, console peabody, arch coal, alpha natural. . >> tech resources another name i like. go another derivative off of this talk about joy global, caterpillar, one other way, your favorite, a name you probably have more of, ge. they have gotten themselves a little bit deep near this whole mining, a lot more into the acquisition tape, smaller. talking about as 5 billion re
when off weaker dollar and recould have any global economy, i think international economies might be interested in some of the companies here but nothing in the near term. have to see how the elections play out. >> hey, mike, it's tim. i care about supply rationalization by the reducers, i care about the cyclical side, you see coke and coal. anything here, we have got a bit of a bounce in iron ore. >> about 30% is probably under water. you will see that rationalization f that...
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Oct 10, 2012
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CSPAN
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we can reestablish this economy as the leading economy in the world. there was a lot of attention paid to the numbers last week. the important point is 7.8% is good if it comes down. we have to look at the bigger number which is much higher. i note some have been out for 27 weeks. they have become much more difficult to import. we have a mismatch. if we're going to look at numbers, the way to fix this is not focusing on employment. it is focusing in on growth. the g.d.p. was 1.9% in the first quarter. we should be attacking the gdp in growth number. >> if you're all saying the policies are wrong get america still the single biggest bright spot, might it be right? >> it might suggest we have the most innovative people in the world, at that we have an extraordinary university system, that we have the greatest collection of entrepreneurs in a structured society. i mean the small business group in this country is phenomenal. we are doing as well as we are doing and facing what is going on in the rest of the world despite ourselves. we could do much better.
we can reestablish this economy as the leading economy in the world. there was a lot of attention paid to the numbers last week. the important point is 7.8% is good if it comes down. we have to look at the bigger number which is much higher. i note some have been out for 27 weeks. they have become much more difficult to import. we have a mismatch. if we're going to look at numbers, the way to fix this is not focusing on employment. it is focusing in on growth. the g.d.p. was 1.9% in the first...
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Oct 8, 2012
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congress takes aim at a chinese tech company over security concerns and the slowing chinese economy also pulling down our markets. so how do you play china right now? pain at pump. gas prices in california top $5 a gallon in some places and the governor's jumping in to intervene but the question is, is that really going to do any good or is the market going to decide the price? >>> and political roulette. the key swing state of ohio making a big bet on casino gambling. brian schactman has more on the new jobs and new opportunities from cashing in on sin. >>> but first, tyler is off today so bob pisani is my partner for the army. down at the nyse. >> pleasure to be here, sue. concern about china's slowdown raised by the world bank putting pressure on the market today. europe's been closed for about 1 1/2 hours right now. china now back to us after a week off. that sector to the downside as well. most of europe was weak here today. france, spain and italy all to the downside. euro a little weak. on days when the euro is weaker, the dollar stronger. typically our markets are to the downside
congress takes aim at a chinese tech company over security concerns and the slowing chinese economy also pulling down our markets. so how do you play china right now? pain at pump. gas prices in california top $5 a gallon in some places and the governor's jumping in to intervene but the question is, is that really going to do any good or is the market going to decide the price? >>> and political roulette. the key swing state of ohio making a big bet on casino gambling. brian schactman...
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Oct 7, 2012
10/12
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CNNW
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i want our economy to strengthen. i want us to recover as a country. and i think the smartest thing any political person can do, any pundit can do is celebrate america doing better. >> i think you're absolutely right. so why are many republicans saying the numbers were cut, when there's no interaction when the white house and the office that decides these numbers, that is spinning and whining as well. >> because we are 30 days from an election. and everything is political. what they need is political, what they wear is political, what they say is political, but at the end of the day after november 6 we are all in this together. >> i think they are wiping -- >> can i give you one point? >> go ahead. >> we have had 27 to 28 consecutive months now of job growth. this is not a one-off. the republicans have not been happy about job growth for two years. what we saw this past week was just a microcosm of what we have seen the past two years. >> listen, i'm being told you are going to get cut off because the satellite is going down in a minute. can we just sh
i want our economy to strengthen. i want us to recover as a country. and i think the smartest thing any political person can do, any pundit can do is celebrate america doing better. >> i think you're absolutely right. so why are many republicans saying the numbers were cut, when there's no interaction when the white house and the office that decides these numbers, that is spinning and whining as well. >> because we are 30 days from an election. and everything is political. what they...
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Oct 6, 2012
10/12
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. >> today's news is not an excuse to try to talk down the economy to score a few political points. it is a reminder that this country has come too far to turn back now. >> there was more. the former ceo of general electric took to torture and in the airways suggesting the obama campaign cooked the numbers. >> i do not know what the right number is. these numbers do not smell right when you think about where the economy is right now. >> many experts laptop the charge but the labor secretary was not laughing. >> i am insulted when i hear that. it is ludicrous to hear that kind of statement. >> here is robert portman who plays president obama in debate operations. we will be doing this on saturday before running hold two events in florida. abc news, orlando. >> a sudden standstill in chinatown last night. they're capturing this video. at least 20 demonstrators chanting a disparaging remarks about the obama and romney campaign. >> tonight, there will be another much anticipated public debate. we're not talking about president obama or mitt romney. john stewart of the daily show. the tr
. >> today's news is not an excuse to try to talk down the economy to score a few political points. it is a reminder that this country has come too far to turn back now. >> there was more. the former ceo of general electric took to torture and in the airways suggesting the obama campaign cooked the numbers. >> i do not know what the right number is. these numbers do not smell right when you think about where the economy is right now. >> many experts laptop the charge but...
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Oct 9, 2012
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is 70% of the economy. there's 42 million we do jobs in this country, and to talk to ceos, 95% run a small business with one store, five employees. there's big ones, macy's, sears, office depot, and the small ones, and the words they use, the positive words these are cautious and the negative words are paralyzed when it comes to investment, hiring, developing new location. because of the concern about where this country is going to go. we have people walking around on the hill saying we should let this happen. i think the chilling effect doesn't cover it. >> the chances are, there is a chance that we end up on november 7 with the same makeup of government we have today. we have barack obama back in the white house. we have democrats holding the senate, and we have republicans holding the house. you have outlined what you would to happen. you presumably think it would be easy to make happen if you republicans in the senate and in the white house as well. what happens if you have to do business with what we'v
is 70% of the economy. there's 42 million we do jobs in this country, and to talk to ceos, 95% run a small business with one store, five employees. there's big ones, macy's, sears, office depot, and the small ones, and the words they use, the positive words these are cautious and the negative words are paralyzed when it comes to investment, hiring, developing new location. because of the concern about where this country is going to go. we have people walking around on the hill saying we should...
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Oct 8, 2012
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. >> and still ahead on fox 5 morning news, eating local isn't just good for the economy. it can be really tasty too. >> it takes a lot of work to bring the freshest flavors to your plate. holly is live in hollywood, maryland where they have beautiful sunrises apparently. >> i bet it is cold there too. >> she will show us how the oyster industry is making a comeback when we return. >> reporter: good morning, everybody. i'm holly morris. believe it or not, we are coming to you live from hollywood on this monday morning. okay. i have a polar fleece and scarf on, so clearly i'm not in hollywood, california. we are in hollywood, maryland on the water enjoying a beautiful sunrise. we're here to talk about oysters. chesapeake bay has a long history of the oyster industry. we'll talk about that. we're going to talk about how the industry is back. and that is due in part because of things called the oyster recovery partnership. we're live at hollywood oyster this morning. we're going to talk about how they are part of that process, how they are part of the oyster farming process a
. >> and still ahead on fox 5 morning news, eating local isn't just good for the economy. it can be really tasty too. >> it takes a lot of work to bring the freshest flavors to your plate. holly is live in hollywood, maryland where they have beautiful sunrises apparently. >> i bet it is cold there too. >> she will show us how the oyster industry is making a comeback when we return. >> reporter: good morning, everybody. i'm holly morris. believe it or not, we are...
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Oct 8, 2012
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CNBC
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economy shows signs of life. after two big acquisitions this year analysts say capital one's outlook should be clearing up and discover is expanding in to the payment space. two major players in that space mastercard and visa off all time highs but franchise names to own. revenue from credit card transactions moving up thanks to higher volumes and larger than average purchases. fserve growing. >> secular move in using cash instead of credit card. they went through new regulations. so, you know, the fundamentals are very strong. they are not terribly expensive. >> joe give me the best play. mastercard or visa or american express or discover. >> i like all of the above. throw in capital. >> it's not too late to jump in. >> not too late to jump in. capital one throw into the mix. fundamentals are turning there also. i think there's a lot of money own the sidelines in the financials that's pointed particularly in that direction, is going stay there. >> stephanie? >> that quarter was very strong last week and i think
economy shows signs of life. after two big acquisitions this year analysts say capital one's outlook should be clearing up and discover is expanding in to the payment space. two major players in that space mastercard and visa off all time highs but franchise names to own. revenue from credit card transactions moving up thanks to higher volumes and larger than average purchases. fserve growing. >> secular move in using cash instead of credit card. they went through new regulations. so, you...
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Oct 8, 2012
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LINKTV
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but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it is a reminder this country has come too far to turn back now. >> also campaigning in virginia, republican challenger mitt romney downplayed the new figures. >> this cannot go on. when i am president of the united states, when i am president of the united states -- [applause] that unemployment rate is going to come down not because people are giving up and dropping out of the work force, but because we are creating more jobs. i will create jobs to get america working again. >> president obama's reelection campaign has announced it to get a record $181 million in september, its largest monthly total to date. the vast majority came from donations of $250 or less. at a fund-raiser in los angeles on sunday, president obama mocked romney for vowing to cut funding to pbs. >> when he was asked what he would do to cut spending, he said he would go after public television. so for all of you moms and kids out there, don't worry, someone is finally cracking down on big bird. elmo has m
but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it is a reminder this country has come too far to turn back now. >> also campaigning in virginia, republican challenger mitt romney downplayed the new figures. >> this cannot go on. when i am president of the united states, when i am president of the united states -- [applause] that unemployment rate is going to come down not because people are giving up and dropping out of...
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Oct 10, 2012
10/12
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CNN
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and he's doing a good job of trying to bring the economy back, trying to get us jobs. could he have done a better job? of course. of course. will he do a better job? i think if he gets four more years, i think he will. >> you know, it's interesting, when people look at you, i don't know what they think. they think a lot of things, okay? because you've got -- you bought the dodgers for a couple billion dollars, theatres, you name it, sports team, tv networks, everything. but a lot of those things and a lot of the wealth you have accumulated would lead a lot of people to say, look, this guy has got to be a republican. >> i know, i know. >> but you're not. >> but i'm not. i know. he's talking about taxing the wealthy, and he's talking about taxing planes. i own a plane. >> that's you. >> i know, i was like, oh, okay. thanks a lot, president obama. but i'm still supporting him. >> i don't know if you heard about the stacy dash incident yet? have you heard about this? >> no. >> obviously those of you familiar with her, you are. she was in the movie "clueless" and "csi." ver
and he's doing a good job of trying to bring the economy back, trying to get us jobs. could he have done a better job? of course. of course. will he do a better job? i think if he gets four more years, i think he will. >> you know, it's interesting, when people look at you, i don't know what they think. they think a lot of things, okay? because you've got -- you bought the dodgers for a couple billion dollars, theatres, you name it, sports team, tv networks, everything. but a lot of those...
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(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> our third story "outfront." for the fourth day running, gas prices on the west coast in california were a record high. the national average, $3.80. in california almost a dollar higher. one way to bring down costs, more drilling, and that is a highly political topic. today shell is trying to do that. drilling in the arctic chukchi sea for the first time in two decades, say they could meet a fifth of our country's energy needs. environmental groups are fighting it hard, saying the unpredictable climate means another oil spill is likely and could be catastrophic and an oil s
(train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve...
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Oct 7, 2012
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and only the ford f-150 with ecoboost has the best combination of torque and fuel economy. think about that. introducing the new 2013 f-150. , primo! asopao! right, asopao! there you go cuz, so you canweat it out! oh, and music... ( all music? ... heals the soul. the power to share unites us. zo verizon brings your entire family unlimited talk. unlimited text. and data you can share with up to 10 devices, all in one plan. get the 4glte droid razr by motorola for $99.99. rizon. ♪ ♪ ♪ [ male announcer ] introducing a reason...to look twice. intrucing a stunning work of technology -- the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. , primo! asopao! right, asopao! there you go cuz, so you canweat it out! oh, and music... ( all music? ... heals the soul. the power to share unites us. verizon brings your entire family unlimited talk. unlimited text. and data you can share with up to 10 devices, all in one plan. get the 4glte droid razr by motorola for $99.99. verizon. when president obama couldn't. first, my energy independence pol
and only the ford f-150 with ecoboost has the best combination of torque and fuel economy. think about that. introducing the new 2013 f-150. , primo! asopao! right, asopao! there you go cuz, so you canweat it out! oh, and music... ( all music? ... heals the soul. the power to share unites us. zo verizon brings your entire family unlimited talk. unlimited text. and data you can share with up to 10 devices, all in one plan. get the 4glte droid razr by motorola for $99.99. rizon. ♪ ♪ ♪ [...
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Oct 7, 2012
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >> osgood: winslow homer's worka class of its own. with rit a braver we pay a visit to his studio. >> reporter: if any painter has captured the rugged beauty of maine's coast, the thrilling play of water and light against rock, it has to be winslow homer. >> he's a realist and he's a naturalist. he's interested in telling you about the power of nature in a singlingal wave. he wants you to feel the spray in that painting itself. >> reporter: and though many of us are familiar with what winslow homer painted, until now, we haven't had a chance to see where he painted many of his master works. his studio on prouts neck just a few miles outside portland where he lived and worked from 1883 until his death more than a quarter century later. >> he could walk down to the cliff, see what he needed to city, sketch, come back up here and then paint it in the studio >> reporter: mark is director of the portland museum of art which just finishe
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. >> osgood: winslow homer's worka class of its own. with rit a braver we pay a visit to his studio. >> reporter: if any painter has captured the rugged beauty of maine's coast, the thrilling play of water and light against rock, it has to be winslow homer. >> he's a realist and he's a naturalist. he's interested in telling you about the power of nature in a...
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Oct 8, 2012
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WUSA
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we don't have certainty of where the economy is going. if the fiscal cliff can be dealt with in the lame duck session you'll see more growth in the economy. >> i love your personal story, david rubenstein because here you are, your dad was a postal worker, never made more than $8,000. you said money was never on your radar screen. when and how did that change for you >> when i grew up money wasn't important. i was interested in other things. sports. i thought i would be a great professional baseball player but that didn't work out. i went to law school and wanted to work in service. i served in the white house under president carter. i went back and practiced law. i wasn't that great of a lawyer and not a great demand of service. i decided to do something different. i start ad company and it took off. so i did get fortunate to make more money than i probably can spend and therefore i'm committed to giving away the bulk of it. >> when you started your company you were 38 years old. you were telling me in the green room that believes kids t
we don't have certainty of where the economy is going. if the fiscal cliff can be dealt with in the lame duck session you'll see more growth in the economy. >> i love your personal story, david rubenstein because here you are, your dad was a postal worker, never made more than $8,000. you said money was never on your radar screen. when and how did that change for you >> when i grew up money wasn't important. i was interested in other things. sports. i thought i would be a great...
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i think we need people in the senate who know how to compromise and that will move our economy forward. >> i've worked with people on both sides of the aisle, as governor as well as the united states senator, on everything from internet access to screening of newborn babies. and nanotechnology. >> the candidates' final debate will take place next week at virginia tech. >>> the airwaves are already filled with ads on the expanded gambling debate in maryland. now the fight over same-sex marriage is coming to your tv too. >> everyone is entitled to love and respect. but nobody is entitled to redefine marriage. vote against question 6. >> that is the first ad from the maryland marriage alliance which opposes same-sex marriage. question 6 on the state's ballot. marylanders for marriage equality will begin airing ads in support of the question starting tomorrow. they watched monday night football last night to raise money for question 6. maryland, maine, and washington state are all holding referendums next month. >>> today is the last day d.c. residents can register to vote by mail. people
i think we need people in the senate who know how to compromise and that will move our economy forward. >> i've worked with people on both sides of the aisle, as governor as well as the united states senator, on everything from internet access to screening of newborn babies. and nanotechnology. >> the candidates' final debate will take place next week at virginia tech. >>> the airwaves are already filled with ads on the expanded gambling debate in maryland. now the fight...
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Oct 9, 2012
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come back to the economy and come back to the economy. why? this is an election about get our economy to work again. mitt romney has created thousands of jobs. he understands but the big government can do to destroy jobs. having him out there with his plan and talking about his plan is exactly what needs to happen. or as i like is a comment he made the sale that night in a big way. [applause] battleground polls came out today. a 73% of the people in the battleground polls who watched the debate that mitt romney 1. -- won. 62% of the democrats who watched the debate thought that mitt romney 1. [applause] -- won. listen, i am just a regular guy with a big job. i in alaska in the world who ought to be a member of congress, much less member of -- the head speaker. but i believe in america and being able to do what you want to do. part i was able to get into a small business and grow into a successful business. along the way, i got involved with my record organization and i ended up as speaker of the house. i got involved because it was time for pe
come back to the economy and come back to the economy. why? this is an election about get our economy to work again. mitt romney has created thousands of jobs. he understands but the big government can do to destroy jobs. having him out there with his plan and talking about his plan is exactly what needs to happen. or as i like is a comment he made the sale that night in a big way. [applause] battleground polls came out today. a 73% of the people in the battleground polls who watched the debate...
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Oct 8, 2012
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economy. california taking emergency steps to bring down its record gas prices. it costs more in california than anywhere in the country. refineries now have the green light is switched to the less expensive winter land ahead of schedule. hallmark is closing a factory that made a third of its greeting cards because fewer people are purchasing them. even though critics did not like taken ii it was stopped at the box office this weekend, $58 million in tickets, twice as much as the original movie. captioned by the national captioning institute --www.ncicap.org-- >> wide open, and there it is. drew brees to henderson. a good night for the saints. drew brees has his 48th consecutive game with at least one touchdown pass, which surpasses john unitas's record. drew brees thanks all the people including his suspended coach. >> to have all those guys and able to spend time with them and to share in this historic moment was special. >> it meant even more because the saints won 31-24, their first victory this season. it's not what redskins fans wanted to see on the field r
economy. california taking emergency steps to bring down its record gas prices. it costs more in california than anywhere in the country. refineries now have the green light is switched to the less expensive winter land ahead of schedule. hallmark is closing a factory that made a third of its greeting cards because fewer people are purchasing them. even though critics did not like taken ii it was stopped at the box office this weekend, $58 million in tickets, twice as much as the original...
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it has been taking a head as a result of the global economy. improvement is expected by most analysts when it comes to jpmorgan. they are expected to post higher profits. wells fargo is expected to report improved profit, thanks to the mortgage business. look at the year to date gains. posted them -- both of them had stellar profits. the financial names are still very cheap and expected to post very positive results in a very gloomy overall pool of earnings that we are expecting. tracy: they have better trading revenue. the housing market stabilizing. sandra smith, you are onto something. we will see you, girl. while the economy has been on front and center of the residential campaign, wall street has played a smaller role than expected. joining us now with more on big thanks influence. you are looking very tan, sir. san francisco is obviously treating you well. >> plenty of sunshine. tracy: tell me why do you think that financial regulation has not gotten the spotlight that many people think it deserves? >> i think there is one, well, there is
it has been taking a head as a result of the global economy. improvement is expected by most analysts when it comes to jpmorgan. they are expected to post higher profits. wells fargo is expected to report improved profit, thanks to the mortgage business. look at the year to date gains. posted them -- both of them had stellar profits. the financial names are still very cheap and expected to post very positive results in a very gloomy overall pool of earnings that we are expecting. tracy: they...
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Oct 12, 2012
10/12
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it's very clear, for years of analysis, the impact of unions in the economy, one of the things unions do very well is they help ensure a more equitable distribution of the growth that their members, our workforce actually produced and we know there's been a huge split between the economy's productivity and compensation of the typical worker. unions have always worked to make sure that the slices of the pie are more evenly distributed. it's a function that is missing as you see battles in wisconsin go up very strong. >> gentlemen, let me ask you this. when we talk about fairness, the big issue of tax cuts, biden was able to corner ryan on the tax cuts they really can't explain. watch this. >> deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of -- lower tax rates across the board. here's why i'm saying this. what we're saying is -- >> i hope i'm going to get time to respond to this. >> tax rate 20%, start with the wealthy, work with congress. >> and you guarantee this math will add up? >> absolutely. six studies hav
it's very clear, for years of analysis, the impact of unions in the economy, one of the things unions do very well is they help ensure a more equitable distribution of the growth that their members, our workforce actually produced and we know there's been a huge split between the economy's productivity and compensation of the typical worker. unions have always worked to make sure that the slices of the pie are more evenly distributed. it's a function that is missing as you see battles in...